NOT LISTED FOR SALE

248 Us Highway 51 N Unit 1 Arbor Vitae, WI 54568

Estimated Value: $349,000 - $543,000

3 Beds
3 Baths
2,205 Sq Ft
2 Acres

Last Sold September 12, 2022

Last sale price $415,000 $188 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,712/month

82 Days on Market

Highlights

  • Lake Front
  • Deck
  • Jetted Tub in Primary Bathroom
  • Docks
  • Cathedral Ceiling
  • Walk-In Closet

About This Home

As of September 2022

You will find stress free living here at ARROWHEAD LAKE! 3BD, 3 full bath condo close to many favorite restaurants, shopping & medical facilities. These condo units have been meticulously maintained & it shows. The grounds are beautifully landscaped & easy to navigate to your private pier & sand swimming frontage. Take in the gorgeous views of the crystal clear full rec, not to mention, great fishing lake & listen to the neighborhood loons as you relax on either your patio or deck. Inside the condo you'll find cathedral ceilings & bright living spaces. The oversized primary bedroom boasts an on suite bath w/jet tub & walk-in closet. A second spacious bedroom, laundry room & full bath round out this floor. In the lower level you'll find the great room with walk-out to the lakeside patio, the third bedroom & full bathroom. Some of the recent updates to these units include a 50 year roof, sealed blacktop driveway, exterior stain, central air, garage doors, and front entry doors.

Last Agent to Sell the Property

Jodi Drost

REDMAN REALTY GROUP, LLC License #73977 - 94 Listed on: 06/16/2022

Last Buyer's Agent

Nicole Erickson

RE/MAX EXCEL

RE/MAX EXCEL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,318

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • Landscaped
  • Sloped Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Water Views

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Basement Window Egress

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Schools

  • Arbor Vitae-Woodruff Elementary School
  • Lakeland Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Well
  • Gas Water Heater
  • Water Softener
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2-1942-93

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,318

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Highway
  • Water Body Name: ARROWHEAD (Little Star)
  • Ownership: Condominium
  • Directions: Hwy 51 N to sign on East side just past BP gas station
  • Above Grade Finished Sq Ft: 1677.0
  • Architectural Style: One and One Half Story
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 2000
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Oven, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Water Softener, Washer
  • Has Basement: Daylight, Exterior Entry, Egress Windows, Full, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 528.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Mixed, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Jetted Tub, Bath in Primary Bedroom, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Lake Front, Sloped, Views
  • View: Water
  • View: Yes
  • Waterfront Features: Shoreline - Sand, Shoreline - Rocky, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Dock, Landscaping, Patio
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Open, Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Cable Available, Phone Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Common Interest: Condominium

Schools

  • Elementary School: ON Arbor Vitae-Woodruff
  • High School: ON Lakeland Union

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 2-1942-93
  • Zoning Description: General Business

Tax Info

  • Tax Annual Amount: 2318.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2015
Sold by
Gilchrist Charles D and Gilchrist Carol A
Bought by
Damgaard Leadholm Revocable Trust
Current Estimated Value
$455,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$38,053
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$412,312

Purchase Details

Closed on
Oct 29, 2007
Sold by
Damgarrd David A
Bought by
Damgaard Leadholm Revoc Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Damgaard Leadholm Revocable Trust $111,000 Lake Country Title Services
Damgaard Leadholm Revoc Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damgaard Leadholm Revocable Trust $140,000
Closed Damgaard Leadholm Revoc Trust $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $415,000 -2.4% $188 / Sq Ft
07/15/2022 07/15/22 Price Changed $425,000 -7.4% $193 / Sq Ft
07/05/2022 07/05/22 Price Changed $459,000 -4.2% $208 / Sq Ft
06/17/2022 06/17/22 For Sale $479,000 -- $217 / Sq Ft
Source: Greater Northwoods MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,324 $214,900 $60,000 $154,900
2023 $2,410 $214,900 $60,000 $154,900
2022 $2,107 $214,900 $60,000 $154,900
2021 $2,319 $214,900 $60,000 $154,900
2020 $2,342 $214,900 $60,000 $154,900
2019 $2,284 $214,900 $60,000 $154,900
2018 $2,231 $214,900 $60,000 $154,900
2017 $2,194 $0 $0 $0
2016 $2,290 $231,500 $60,000 $171,500
2015 $2,204 $231,500 $60,000 $171,500
2014 $2,247 $231,500 $60,000 $171,500
2013 $2,422 $231,500 $60,000 $171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 197249

Greater Northwoods MLS

APN: 2-1942-93